Lincoln Heights, CA 90031 1923 Workman Street

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Presented By: KINNY LIN with TREELANE REALTY GRP, INC.; 626-625-5034
  • MLS# WS24006842
  • 01/11/2024
  • Request Tour
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  • BedBeds • 4
  • BathBaths • 2
  • FootageSQFT • 3,372

Home Details

This triplex has a total 3,372 SqFt., sits on a large lot of 9900 Sf., located at the heart of Lincoln Heights, minutes to downtown LA. It's conveniently close to all, near schools, parks, minutes from Downtown Los Angeles, USC and medical center, easy access to 5, 10, 101 freeways. There are 3 individual buildings with their own street numbers, #1923, #1923 1/2 and #1927. The front unit is a 2-story, 4 bedroom 2 baths single family house with 2 electric meters, completely remodeled with fresh paint, new windows and new blinds, new copper piping in the entire house, all new appliances, upgraded kitchen with all new cabinets, Quartz countertops, laminate flooring throughout, and has its own laundry room, with move-in condition at the front unit. Another 2 units, two separate buildings, each unit has 2 Bedrooms, 1 bath, one is with enclosed back yard. In 2016, both units replaced the carpet, and also the sink and vanity. Cement driveway and back yard, provide more parking spaces. There's large empty lot at the front left side, possibly to build an ADU or other use.. Please check with LA city for the code use information. It's perfect for owners to live in one and get income from renting out the other 2 units. Enclosed some virtually staged photos for your reference. The front house is also for lease at $3700/month, multiple applications received currently. Please check out MLS for lease information. High rental demand area, great opportunity for the investors. Must see to appreciate.
Presented By: KINNY LIN with TREELANE REALTY GRP, INC.; 626-625-5034

Interior Features for 1923 Workman Street

Other Interior Features

Air Conditioning Y/NNo
Basement (Y/N)No
Common WallsNoCommonWalls
Electric On Property Y/NNo
Fireplace Y/NNo
Heating Y/NNo
Laundry FeaturesInside
Street SuffixStreet
Total Stories2

Other Rooms

Entry Level1

General for 1923 Workman Street

Additional Parcels Y/NNo
Attached Garage No
Building Area UnitsSquareFeet
Carport Y/NNo
CityLincoln Heights
Community FeaturesStreetLights, Sidewalks
CountyLos Angeles
Days on Market109
DirectionsNorth of Main street; East of Fwy 5
Electric Expense0.0
Entry Location1st
Garage Spaces0.0
Garage Y/NNo
Gross Income79428.0
HOA / Comm AssnNo
Home Warranty Y/NNo
Insurance Expense2529.0
Land Lease Y/NNo
Lease Considered Y/NNo
Lease Renewal Y/NNo
Listing TermsCash, CashtoNewLoan, Conventional
Lot Size Square Feet9900.0
MLS Area677 - Lincoln Hts
MobileHomeRemainsYNNo
Net Operating Income72550.0
New ConstructionNo
Operating Expense6878.0
Pool FeaturesNone
Private PoolNo
Property Attached Y/NNo
Property Sub Type AdditionalTriplex
Property SubTypeTriplex
Property TypeResidentialIncome
Rent Control Y/NYes
Senior Community Y/NNo
SewerPublicSewer
Special Listing ConditionsStandard
Standard StatusActive
StatusActive
Street NameWorkman
Tax Lot8
Taxes$4,727
Tenant PaysElectricity, Gas
Total Units3
Trash Expense888.0
View Y/NNo
Virtual TourClick here
Water Sewer Expense2500.0
Waterfront Y/NNo
Year Built1918
Year Built SourceAssessor
ZoningLARD2

Exterior for 1923 Workman Street

Building Area Total3372.0
Crops Included Y/NNo
Horse Y/NNo
Irrigation Water Rights Y/NNo
Lot FeaturesYard
Lot Size Acres0.2273
Lot Size Area9900.0
Lot Size SourceAssessor
Lot Size UnitsSquareFeet
Number of Buildings3
Number of Separate Electric Meters4
Number of Separate Gas Meters3
Number of Separate Water Meters1
Open Parking Y/NNo
SpaNo
Total Parking0.0
Water SourcePublic

Additional Details

Price History

1527188455

First Team Client Services

Price $1,500,000
MLS#WS24006842
List Date 01/11/2024
Property Type Multi-Family
Phone 714.964.3311
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